Vallourec SA (OTCMKTS:VLOWY) Short Interest Update

Vallourec SA (OTCMKTS:VLOWY) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 49,314 shares, an increase of 117.5% from the February 12th total of 22,673 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 84,698 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 84,698 shares, the short-interest ratio is currently 0.6 days. Currently, 0.0% of the shares of the stock are sold short.

Vallourec Stock Performance

Vallourec stock opened at $4.57 on Thursday. The firm has a 50 day simple moving average of $4.35 and a 200-day simple moving average of $3.97. The stock has a market cap of $5.36 billion, a price-to-earnings ratio of 14.28 and a beta of 0.27. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.13 and a quick ratio of 1.27. Vallourec has a 1-year low of $3.07 and a 1-year high of $5.05.

Vallourec (OTCMKTS:VLOWY) last announced its quarterly earnings results on Friday, February 27th. The energy company reported $0.09 EPS for the quarter. Vallourec had a return on equity of 15.16% and a net margin of 9.40%.The business had revenue of $1.21 billion for the quarter. On average, analysts expect that Vallourec will post 0.36 EPS for the current year.

Analyst Ratings Changes

Separately, The Goldman Sachs Group assumed coverage on Vallourec in a research note on Monday, December 15th. They set a “buy” rating for the company. One analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Strong Buy”.

About Vallourec

Vallourec is a global leader in the design, manufacturing and distribution of premium tubular solutions for the oil and gas, power generation, industrial and construction markets. Headquartered in Saint-Saulve, France, the company specializes in seamless steel pipes and associated services that support exploration, drilling, production and infrastructure projects around the world.

The company’s product portfolio encompasses drill pipes, casing and tubing, line pipe as well as mechanical and cold-rolled precision tubes.